Forex Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
Hong Kong Dollar/Argentine Peso (FOREX:HKDARS)
Bull Market Weakness (+75) - HKDARS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDARS as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HKDARS?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDARS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HKDARS
The long-term trend has been UP since May 9th, 2017 at 1.993850
The intermediate-term trend has been UP since Jan 1st, 2020 at 7.705204
The short-term trend has been DOWN since Apr 6th, 2020 at 8.309761
Smart Scan Analysis for HKDARS
Based on our trend formula, HKDARS is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).